DeGRAM

DeGRAM | GOLD potential selling opportunity

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD broke out of the descending channel on the 4H timeframe. The market made a double top at resistance.

The market is pulling back from resistance levels to the consolidation zone.

 Price action is likely to test the support level and 50% of the bullish move.

We expect a selling opportunity at the resistance.



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